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the obama administration skated the plan to put black boxes in every new car. this is an invasion of privacy, and fox news legal analysts says it is 100% legal. mercedes, to their point, administration's point would ascertain the reason hind an accident and if we had this with the toyota cars, the brakes going, going off cliffs, whatever was going on, we could have resolved it legally long beforehand; right? >> what a great idea. so maay individuals either use the cars inappropriately, speeding down the road, breaking, not paying attention, didn't belt in, and suddenly, there's something that records all of that activity that can say, wait a minute, it's not the product. it's the manner in which the product was used. it's going to save lotsf money for the corporations who create the cars, two, it can provide insight as to whether there's criminality. someone speeding down the road at 120-130 miles per hour -- neil: that's the creepy part to me. >> 100% big brother, monitor everything you do, every road you're on, every place you're at, whether you have your sea
the obama administration skated the plan to put black boxes in every new car. this is an invasion of privacy, and fox news legal analysts says it is 100% legal. mercedes, to their point, administration's point would ascertain the reason hind an accident and if we had this with the toyota cars, the brakes going, going off cliffs, whatever was going on, we could have resolved it legally long beforehand; right? >> what a great idea. so maay individuals either use the cars inappropriately,...
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my next guest says the obama administration is punishing job producers and subsidizing a withdrawal from the work force. joining us now, one of the country's most houghtfl, provocative political and economic thinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal work in it is great to have you with us. some people upon closer inspection, it isot good news anand people are leaving the wok force. >> it sure isn't. we are paying people to leave the workforce. some $1 trillion offpaments of various kinds to keep people from working and to break up their families and to demoralize their earnest. it is -- it ignores the elephant in the room which is a massive departure of the prime age man from the work force. it is accelerating today. and part of tis is being subsidized by the government through record disability payments. lou: disability aymts from social security administration, taking that a side when one looks at food stamps and medicaid alone, you can add other incentives as well and support programs, but we ae looking at the prospect of having one in
my next guest says the obama administration is punishing job producers and subsidizing a withdrawal from the work force. joining us now, one of the country's most houghtfl, provocative political and economic thinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal work in it is great to have you with us. some people upon closer inspection, it isot good news anand people are leaving the wok force. >> it sure isn't. we are paying people to leave the...
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what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses movg higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, an ten yeartreary down to 1.59%. no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry forhe report. >> trying to lay blame for stalled buet talks
what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses movg higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, an ten yeartreary down to 1.59%. no progress in...
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four billion in administrative costs. they don't want to lose their jobs either. victoriarings up a point. there is it a industry of bureaucracy that is created around all of these poverty programs. not just food stamps. if you add up all of the poverty programs excluding social security. it comes up to $22000 for every poor person in america. why not just get rid of the bureaucracy and cut them a check. >> we could have a great ide and debate. going back to food stamps and the idea of government promoting that. we have a farm bill that proposes four billion in cuts to the food stamp and the agricultural committee chair woman said they would be more open to cutting back more. >> rich, i see all of the advertising of the government to put people on food stamps and 15 million more people on food stamps after that government program, isn't there a relationship there? >> there is . victoria properly stribes something that you call the welfare industrial complex. it gets to a certain size and looks on behalf of itself and that is a bad thing. we have another crisis her
four billion in administrative costs. they don't want to lose their jobs either. victoriarings up a point. there is it a industry of bureaucracy that is created around all of these poverty programs. not just food stamps. if you add up all of the poverty programs excluding social security. it comes up to $22000 for every poor person in america. why not just get rid of the bureaucracy and cut them a check. >> we could have a great ide and debate. going back to food stamps and the idea of...
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. ♪ lou: the obama administration tonight ramping up diplomatic efforts to end seer -- syria's bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meeting with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuing the sharpest warning yet. >> the president of the united states made it
. ♪ lou: the obama administration tonight ramping up diplomatic efforts to end seer -- syria's bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meeting with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to...
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i am sorry what was obama trying to do with obama care . why was not not addressed and why is that now on the table. you have to realize it is not a administration that wants to do cuts. >> easy answer to that. if you look at original drafts of what the president was talking about when he started out. he wanted address medicare. >> no. sure he wanted toddress it . we can address that iue f another hour but we are runnin out of the time. did you hear what may be on the table to solve our debt mess? raising the gas tax on everybody. will that make a bigger will that make a bigger financial mess for with the sparkash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with
i am sorry what was obama trying to do with obama care . why was not not addressed and why is that now on the table. you have to realize it is not a administration that wants to do cuts. >> easy answer to that. if you look at original drafts of what the president was talking about when he started out. he wanted address medicare. >> no. sure he wanted toddress it . we can address that iue f another hour but we are runnin out of the time. did you hear what may be on the table to solve...
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what the obama administration is doing is unilaterally reducing the military capability of our forces. this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russians modernizing the russian forces. we still have the ranian problem totally unresolved, north korea always a flashpoint. look at the middle east. anything far from being settled there. and let me take that navy as an example, which will be illustrative of the other forces and what it will do to the nay. it will take the navy and drive it down to the smallest force it has had since prior to world war one. not world war ii, lou. world war one. lou: you know, i'm sorry, admiral. when governor romney said that, pointed that out to president obama in the debate, he was -- we had horses and bayonets, too. he seemed to make lht of that. how important is it? can you give us a sense of the impact? >> i think the president's comment is showing his inexperience in military matters. in this particular case we are going downto 220 ships. to put that number
what the obama administration is doing is unilaterally reducing the military capability of our forces. this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russians modernizing the russian forces. we still have the ranian problem totally unresolved, north korea always a flashpoint. look at the middle east. anything far from being settled there. and let me take that navy as an example, which will be illustrative...
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dagen: do you believe that the current obama administration is willing to provide that kind of support? >> no. that is why i wrote this book. it is about what happens if you do not do the right kind of things to support democracy. quite frankly, we are not doing enough with the right kind of things. dagen: it is a novel? >> it is a novel. this is about and administration that does not do the right things just as we are not doing the right things now. oliver north.com. i will leave yours. connell: thank you very much. good luck, by the way. there it is. we will have more on this fox business exclusive report. it is a record year for anti-trust funds against businesses. dagen: airline flight attendant also have their say. some of the most annoying things that passengers do on airplanes. we also tell them to suck it up because that is their job. more on the winners from the s&p today. ♪ [ male announcer ] the markets keep moving. make sure the news keeps coming witinkorswim by td ameritrade. use the news links breaking stories ith possible breakout stocks, options with potenti opportuni
dagen: do you believe that the current obama administration is willing to provide that kind of support? >> no. that is why i wrote this book. it is about what happens if you do not do the right kind of things to support democracy. quite frankly, we are not doing enough with the right kind of things. dagen: it is a novel? >> it is a novel. this is about and administration that does not do the right things just as we are not doing the right things now. oliver north.com. i will leave...
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. >> obama administration has put more political ambassadors in than prior republican administraons. now is that good or bad? it is good. the political ambassadors have a direct connection with the president, in countries where they are acredited, if they say, this is at the president wants that is believable. and their loyalty is to the president not state department. and they care a lot in my experience about making sure that president's policies are carriee out. and third, and look -- >> would see? >> no anna wintour from a cord of wood, but i do know she knows something about business,. neil: you support this? >> i don'tnow her. >> i think if it was france it would be perfect. with the style. i don't see a problem. >> i don't but i think that in advocating american business against european ambassadors who spend a consider an poke of theiportion their time on it cod someone in business themselves can be effective. neil: no doubt. we were talking about. joe kennedy, -- john kennedy's father got the ambassadorship to england to get off of fdr's back for helping him. so, i know how
. >> obama administration has put more political ambassadors in than prior republican administraons. now is that good or bad? it is good. the political ambassadors have a direct connection with the president, in countries where they are acredited, if they say, this is at the president wants that is believable. and their loyalty is to the president not state department. and they care a lot in my experience about making sure that president's policies are carriee out. and third, and look --...
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as you say, it is stunning to watch the principal economic financial figures in the obama administration be leading a political negotiation rather than, if you will, minding over an economy filled with 23 million people unemployed all sorts of challenges at every corner from and he is now potician. it is stunning. i want to get your comments, if i made, on something that nancy pelosi said today, which reported at the top of this broadcast. you cannot cut your way to defit reduction. i am quoting her directly. let's try that again because you probably did not believe your years. you cannot get awa to deficit reduction. your reaction? >> i'm speech was, quite frankly. i mean, if that -- if she believes that to be true, then she believes he can grow your way out of problems and there is no growth rate that is going to match the 22% projected increase in insurance subsidies under obamacare. or she believes she can taxer way out, and there is no way our economy can bear to double the federal tax levels from 18% of gdp the 36. that is what it would take. so the reality is that the bulk of our
as you say, it is stunning to watch the principal economic financial figures in the obama administration be leading a political negotiation rather than, if you will, minding over an economy filled with 23 million people unemployed all sorts of challenges at every corner from and he is now potician. it is stunning. i want to get your comments, if i made, on something that nancy pelosi said today, which reported at the top of this broadcast. you cannot cut your way to defit reduction. i am...
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>> because america and president obama's administration ignored the warning signs and what the muslim brotherhood and what radicals are about. when president obama first became president and he went to egypt and gave his first address, his first speech in cairo, in egypt, he made it a point to invite the muslim brotherhood to the chagrin of the mubarak regime. he insisted that the muslim brotherhood would be sitting in two front seats addressing his speech. that gave them a importance in power gaining respect of america and the support of america. america miscalculated as to who they were supporting in the middle east and they continue this miscalculation right now and unless we wake up and really make a drastic change in our foreign policy america will pay a heavy price down the road. melissa: yeah, dramatic conclusion. thank you so much for coming on. i hope you come back. >> thank you. have a great day. melissa: what's in a name? well apparently $35,000 and counting. one man is raking it in for auctioning off his name for an entire year. he is here to explain his brilliant scheme.
>> because america and president obama's administration ignored the warning signs and what the muslim brotherhood and what radicals are about. when president obama first became president and he went to egypt and gave his first address, his first speech in cairo, in egypt, he made it a point to invite the muslim brotherhood to the chagrin of the mubarak regime. he insisted that the muslim brotherhood would be sitting in two front seats addressing his speech. that gave them a importance in...
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finally, the administration wants paper performance in the education system with teachers. how about pay for performance in congress. that is a great way to save $87 million every year. love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, i often in the show with my "2 cents more" on something that has me fired up, even angry. tonight i wanted to highlight something that made me happy. in new york city police officer has become a hero after this photo appeared on facebook. look at that. as of tonight over half a million people of like it. what it is showing his an officer giving, as man and you pair of boots and a cold night in tes square. in arizona woman snapped the fun
finally, the administration wants paper performance in the education system with teachers. how about pay for performance in congress. that is a great way to save $87 million every year. love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, i often in the show with my "2 cents more" on something that has me fired up, even angry. tonight i wanted to highlight something that made me happy. in new york city police officer has become a hero after this photo...
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>> a drop in the bucket to what you're asking me to put myself in the obama administration shoes. >> this is what makes my head off like a bottle rocket. we should be focusing on the fontana of the structure, not nanny state junk forcing restaurant chains to post calories. stuart: that's the best answer. i had been in restaurants where the calories in each dish is noted. i have altered what i order based on the calorie count. i found a useful. stuart: the information about the to being fattening given to you by the government? stuart: and just trying to raise some mild objections. let me escape. that includes private practice doctors. after the break, a chiropractor and return this staff and stops taking any insurance all because of obamacare. it's a new day. if you're a man with low testosterone, you should know that axiron isis here. the only underarm trtment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become preg
>> a drop in the bucket to what you're asking me to put myself in the obama administration shoes. >> this is what makes my head off like a bottle rocket. we should be focusing on the fontana of the structure, not nanny state junk forcing restaurant chains to post calories. stuart: that's the best answer. i had been in restaurants where the calories in each dish is noted. i have altered what i order based on the calorie count. i found a useful. stuart: the information about the to...
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stuart: is it possible for the obama administration to stop the trend or get in the way of it or block it in some way? you're former chairman of the national labor relations board. as i understand it, the president is stacking that national labor relations board with people on the left. would they be in a position to stop this right to work trend? >> no, they would not. the statute specifically gives the states the right to pass a right to work law. and i can't think of anything that members of the board could do to stop that. there was a little bit of an effort to do that with regard to boeing. but that was indirect and not direct. i don't think it would have been effective anyway. stuart: right, if i'm right, and i believe i am, that the prrsident is stacking the nlrb, what can they do, what do you expect them to do in this second term to enhance the union movement? >> you know, a variety of different things they can do. they can grant access to union agents to an employer's premises after a petition is filed. they could reverse existing board law and give employees the right to use
stuart: is it possible for the obama administration to stop the trend or get in the way of it or block it in some way? you're former chairman of the national labor relations board. as i understand it, the president is stacking that national labor relations board with people on the left. would they be in a position to stop this right to work trend? >> no, they would not. the statute specifically gives the states the right to pass a right to work law. and i can't think of anything that...
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so much for a simple way to pay for the obama administration's new health care plan. the irs releasing 159 pages of new tax rules, yikes! get the bottom line from emac, liz macdonald ahead. tracy: that is her weekend reading. look at some of the winners and losers on the s&p 500 as we head out to break. nicole petallides mentioned netflix up almost 10%. first solar is a charles payne favorite. darden, the olive garden, down 10%. we'll be right back. want to try to crack it? yeah, th's theay to do it! now we need a little bit more... male announcer ] at humana, we understand the value of quality time and personal attention. which is w we are proud to partner th health care professionals who understand the difference that quality time with ourembersan make... that's a very nice cake! ohh! [ giggle] [ male announcer humana thankthe physicians, nurses, hospitals, pharmacists and other health ofessionals who helped us achieve the highest average starating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-s
so much for a simple way to pay for the obama administration's new health care plan. the irs releasing 159 pages of new tax rules, yikes! get the bottom line from emac, liz macdonald ahead. tracy: that is her weekend reading. look at some of the winners and losers on the s&p 500 as we head out to break. nicole petallides mentioned netflix up almost 10%. first solar is a charles payne favorite. darden, the olive garden, down 10%. we'll be right back. want to try to crack it? yeah, th's theay...
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dagen: steve jobs told president obama that those jobs were not coming back. charles: somehow the administration going after profit, you know, whatever it is, you wanted or public opinion, now if you do not start to do this stuff, we will go out and take it. caterpillar is one company to watch. their ceo has been on top of this. he has been very defensive about the fact they are still creating jobs here and abroad. apple, by the way, 60% of business outside of this country. dagen: it is not just about price, it is about scalability and adaptability of the workforces in this nation. charles: there is no dow about it. natural gas gives us an amazing advantage. wages have gone up dramatically in china. we will benefit from that as well. be careful what you ask for. do we really want a whole bunch of four dollars jobs in america, the answer is, no. connell: thank you, charles. great stuff, as always. the irs wants back taxes from amazon. dagen: no shame. one of the most popular places to do your holiday shopping. that is exactly the video we picked that we are goi
dagen: steve jobs told president obama that those jobs were not coming back. charles: somehow the administration going after profit, you know, whatever it is, you wanted or public opinion, now if you do not start to do this stuff, we will go out and take it. caterpillar is one company to watch. their ceo has been on top of this. he has been very defensive about the fact they are still creating jobs here and abroad. apple, by the way, 60% of business outside of this country. dagen: it is not...